Shares of the InterGlobe AviationNSE -0.03 % Ltd. traded at Rs 1080.45 on BSE at 01:35PM (IST) on Wednesday, up 0.84 per cent from previous close. The stock quoted a 52-week low price of Rs 765.05 and a high of Rs 1911.0. Earlier, shares of the company saw a opening in the morning.
Category: The Economic Times
Economictimes
Tata Power gets shareholders’ nod to raise authorised share capital
New Delhi: Tata PowerNSE 2.66 % on Wednesday said it has got shareholders’ approval for raising its authorised share capital by Rs 200 crore to Rs 779 crore. The company had also proposed to amend its Memorandum of Association to give effect to the increase in share capital, which has also been approved by shareholders. […]
Toll collecting companies look better placed than pure play construction companies
Liquidity crunch and labour shortage are the two major constraints for the construction sector even as the nationwide lockdown is easing in a phased manner. Given this, companies which earn revenues from tolling of projects and executing own projects instead of pure construction companies are better placed than the pure play construction companies. According to […]
International status to Kushinagar Airport will boost development in Purvanchal: UP CM Yogi
Lucknow: Granting of international status to Kushinagar airport will aid development of Purvanchal region as well as enable better access to Buddhist followers from across the world looking to visit destinations in the state that are being developed as part of the “Buddha Circuit”, UP CM Yogi Adityanath said. The union cabinet on Wednesday granted […]
AirAsia may have to take legal route to exit India JV
MUMBAI: AirAsia’s reported move to sell its 49% stake in its Indian venture will face legal hurdles as agencies probing corruption and money laundering charges against its founder Tony Fernandes and former brass of AirAsia India are set to oppose it. Fernandes hinted at possible exit from its Indian joint venture with the Tata Group […]
We will remain profitable, despite private competition: CIL Chairman
KOLKATA: Coal IndiaNSE 0.14 % Limited (CIL) is confident of maintaining its profitability and output in the face of private competition, said the state-owned miner’s chairman Pramod Agrawal. “Key issues which will help improve and stay ahead of competition include uniform quality of coal, cost efficiency in production and reliable timely delivery schedule,” Agrawal said […]
Coal India exploration arm adds 7.8 billion tonnes to proven coal reserves
KOLKATA:Coal India’s exploration arm has added 7.8 billion tonnes of coal to India’s proven reserves base in 2019-20, the largest addition in a year so far, it said in a report. It also added 9.75 billion tonnes of reserves to new resource category, which is a rough estimate based on preliminary exploration. These involved detailed […]
Petrol and Diesel now cost the same in Delhi: How we got here
Most-expensive tag Diesel has become the most expensive auto-fuel in the country overtaking petrol for the first time in a long while as the oil marketing companies on Wednesday raised its pump prices by 48 paisa while keeping the price of the other fuel unchanged. Prices in Delhi Diesel will now cost Rs 79.88 per […]
Petroleum & Natural Gas Secretary reviews progress at Baghjan oilwell
GUWAHATI: Tarun Kapoor, Secretary, Petroleum & Natural Gas reviewed the progress of work at the Baghjan oilwell, which blew out on May 27 and later into an inferno on June 9. Efforts are on to repair the damage. Kapoor visited the site, along with the CMD and Functional Directors of OIL, to take stock. He […]
Indian Oil expects refineries to operate at full capacity by July-end
NEW DELHI: Indian Oil’s refineries will likely start operating at full capacity by the end of next month, Shrikant Madhav Vaidya, the head of refineries at Indian OilNSE -0.69 %, has said. Average run rate at Indian Oil’s refineries has reached 90%, up from 45% in the first week of April, as fuel demand recovers […]
Gas demand has sharply recovered: GAIL
NEW DELHI: Natural gas demand has sharply risen and is now barely 5-7% lower than the pre-Covid levels, GAIL Chairman Manoj Jain has said. GAIL’s gas sales had dropped by 30% in the early days of the lockdown as factories stopped operating and vehicles went off the roads. But the demand is fast returning. Gas […]
Solar developers welcome customs duty although concerned about impact on ongoing projects
BENGALURU: The government’s move to promote indigenous equipment and impose customs duty on imports from August will help local industry develop but it will take up to two years to have an impact while ongoing projects that depend on foreign equipment may face hurdles, said industry executives and experts. They were reacting to power and […]